Evolving Market Trends In The Industrial Robotics Industry: Human Collaboration Robot Launch In The Industrial Robotics Market

The Industrial Robotics Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Industrial Robotics Market Size During the Forecast Period?
The industrial robotics market size has grown rapidly in recent years. It will grow from $46.4 billion in 2024 to $53.59 billion in 2025 at a compound annual growth rate (CAGR) of 15.5%. The growth in the historic period can be attributed to automation in manufacturing, labor cost reduction, increased productivity, improving quality and precision, and rising demand for mass production.

The industrial robotics market will reach $94.17 billion by 2029, with a CAGR of 15.1%. The growth is driven by the expansion of robotic applications, miniaturization of components, and demand for customized robotics solutions. Major trends include predictive maintenance, cloud-based robotics platforms, and human-robot collaboration.

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What Are the High-Growth Segments in the Industrial Robotics Market?
The industrial robotics market covered in this report is segmented -

1) By Type: Articulated Robots, Cartesian Coordinate Robots, Cylindrical-Coordinate Robots, Spherical Coordinate Robots, Selective Compliance Assembly Robot Arm (SCARA) Robots, Other Types
2) By Application: Welding And Soldering, Material Handling, Assembling And Disassembling, Dispensing, Processing, Other Applications
3) By End-User: Automotive, Electrical And Electronics, Metals And Machinery, Plastics, Rubbers, And Chemicals, Food And Beverages, Precision Engineering And Optics, Pharmaceuticals And Cosmetics, Other End Users

Subsegments:
1) By Articulated Robots: 6-Axis Robots, 7-Axis Robots, Heavy Duty Articulated Robots
2) By Cartesian Coordinate Robots: Linear Robots, Gantry Robots, Pick-and-Place Robots
3) By Cylindrical-Coordinate Robots: Radial Arm Robots, Polar Coordinate Robots
4) By Spherical Coordinate Robots: Polar Robots: Multi-axis Spherical Robots
5) By Selective Compliance Assembly Robot Arm (SCARA) Robots: 4-Axis SCARA Robots, High-speed SCARA Robots
6) By Other Types: Delta Robots, Collaborative Robots (Cobots), Parallel Robots (Platform Robots), Humanoid Robots

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What Key Drivers Are Expected to Influence Future Industrial Robotics Market Growth?
The growing use of industrial automation is projected to drive the industrial robotics market. Automation, which integrates tech systems to perform industrial tasks, is in demand for its ability to enhance efficiency, reduce costs, and address labor shortages. Robotics strengthens this by adding advanced functionality and safety. A report from March 2024 by Rockwell Automation, Inc. stated that 95% of manufacturers are using or evaluating smart manufacturing technologies-up from 83%-and 94% intend to maintain or grow their workforce as a result. Hence, automation's rising use is powering the industrial robotics market.

Which Companies Hold the Largest Share Across Different Industrial Robotics Market Segments?
Major companies operating in the industrial robotics market are Panasonic Corporation, Denso Corporation, Mitsubishi Electric Corporation, ABB Group, Yamaha Motor Pvt. Ltd., Kawasaki Heavy Industries Ltd., Seiko Epson Corporation, Dover Corporation, Bosch Rexroth AG, Omron Corporation, FANUC CORPORATION, SMC Corporation, Dürr Group, YASKAWA Electric Corporation, KUKA AG, Nachi-Fujikoshi Corporation, Comau SpA, Stäubli International AG, Daihen Corporation, Shibaura Machine Co. Ltd., Siasun Robot & Automation Co. Ltd., Estun Automation, Hirata Corporation, Hyundai Robotics, Universal Robots A/S, Aurotek Corporation, Techman Robot Inc., Doosan Robotics, ICR Services, b+m surface systems GmbH, Rethink Robotics GmbH

What Are the Major Trends Shaping the Industrial Robotics Market?
Leading enterprises in the industrial robotics market are shifting their attention towards the creation of sophisticated solutions like human collaboration robots. These robots are engineered to cooperate and interact with human employees in shared working environments. One such example is from August 2022 when Yasaka Electric Corporation, a Japanese firm specializing in drive technology, industrial automation, and robotics released the MOTOMAN-HC30PL Robot. This collaborative robot, designed specifically for heavy-duty tasks like palletizing, offers advanced safety features, adaptable programmability, and robust construction. It comes equipped with a 30 kg payload capacity human collaboration robot that enhances safety, flexibility, and efficiency in various industrial palletizing applications. This development signifies a leap in collaborative robotics technology, addressing the market's growing need for improved payload capacity, automation, and efficiency, thus responding to changing industry requirements and fueling innovative strides.

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What Are the Emerging Geographies for The Industrial Robotics Market Growth?
Asia-Pacific was the largest region in the industrial robotics market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial robotics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Industrial Robotics Market?
2. What is the CAGR expected in the Industrial Robotics Market?
3. What Are the Key Innovations Transforming the Industrial Robotics Industry?
4. Which Region Is Leading the Industrial Robotics Market?

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